Although Mailing Services price increases are based on the consumer price index, Shipping Services prices are primarily adjusted according to market conditions. Shipping Services price adjustments vary by product. The PRC will review the prices before they are scheduled to take effect. Overall, Priority Mail service prices would increase approximately 5.5 percent, Priority Mail Express service prices would increase by 6.6 percent, and First-Class Package Service prices would increase by 7.8 percent. In addition, some Priority Mail flat-rate retail product prices will be reduced compared with the temporary rate adjustment currently in place, and Priority Mail commercial rates will increase by only 3.6 percent, well below the rate of inflation. This service provides businesses with an affordable same-day and next-day delivery for their local customers. The pricing for USPS Connect Local will remain unchanged.
Notably, there is no price increase for Parcel Select Ground, which continues to be a reliable and economical shipping option.
These proposed prices were approved by the Postal Service governors.
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